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Anadarko Petroleum Corporation : U.S. Government : 58% of U.S. Gulf Oil Output Remains Offline

09/03/2012| 02:56pm US/Eastern
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   By Angel Gonzalez 
 

HOUSTON--More than half of the U.S. Gulf of Mexico oil production remained offline Monday as energy producers work to restart production in the wake of Hurricane Isaac, according to U.S. regulators.

The U.S. Bureau of Safety and Environmental Enforcement said 58% of the oil produced in the Gulf's federal waters, or about 804,335 barrels a day of crude, was offline. BSEE also said 39% of the area's natural-gas production, or 1.7 billion cubic feet a day, also remained shut in.

The amount marks a significant decrease from Sunday, when 72% of oil production and 56% of natural-gas production were shut in.

Many oil producers have sent personnel back to the hundreds of offshore platforms that extract and process oil and gas from the Gulf's depths. Only about 71 platforms, about 12% of the Gulf's total, remained unmanned, BSEE said.

Oil-and-gas producer Anadarko Petroleum Corp. (APC) said Monday it had safely restaffed its facilities in the central and eastern Gulf of Mexico, and production had begun at the Constitution, Marco Polo and Gunnison platforms. Crews would continue startup operations at Independence Hub and Neptune through Monday.

Write to Angel Gonzalez at angel.gonzalez@dowjones.com

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